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Recent Posts
- Trump’s “Big Beautiful Bill” Is a Grotesque Giveaway to Fossil Fuel Billionaires While Adding $3.3 Trillion to Nation’s Debt
- Senator Chris Murphy Charges that Trump “Has Opened a Channel for Bribery”
- Congressman Casten: Trump’s Assault on the Rule of Law Is Causing Capital Flight Out of U.S. by Foreign Investors
- Trump’s Approval Rating Drops to 80-Year Low; IMF Says U.S. Tariffs Now Exceed the Highs During the Great Depression
- Nasdaq Has Lost More than 3,000 Points Since Trump’s First Full Day in Office in 2025; the Pain Has Barely Begun
- The Bond Crisis Last Week Was a Global No-Confidence Vote in U. S. President Donald Trump
- Trump’s Tariff Plan Guts $5 Trillion in Stock Value in Two Days; Senator Warren Calls for Emergency Action Before Markets Open on Monday
- Trump’s Attacks on Big Law, Universities, and the Media Have a Common Goal: Silence Dissent Against Authoritarian Rule
- Trump Administration Gives All Clear to Laundering Money through Shell Companies and Bribing Foreign Officials
- Four Megabanks on Wall Street Hold $3.2 Trillion in Uninsured Deposits – Which May Explain Senator Schumer’s Pivot to the GOP to Stop a Government Shutdown
- Here’s What Came Crashing Down Yesterday for Trump’s “Genius” Guy, Elon Musk: Tesla Stock, Access to Twitter (X), His Years of Secret Calls with Putin
- After Banning the Associated Press, Trump Is Now Targeting Specific Journalists That He Wants to See Fired
- Closely Watched Atlanta Fed Model Predicts Negative U.S. Growth in First Quarter
- Trump’s Gangster Diplomacy Makes Front Page Headlines Around the Globe
- Who Benefits Alongside Elon Musk If He Succeeds in Killing the CFPB: the Megabanks on Wall Street that Underwrite His Tesla Stock Offerings
- In Trump 1.0, the State Department Used Taxpayer Money to Publish a Book Elevating Elon Musk to a Superhero; It Was Funded by USAID, the Agency Musk Wants to Quickly Shut Down
- News Host Joy Reid Raises Threat of Trump Selling U.S. to Putin; Ten Days Later Her Show Is Cancelled
- Elon Musk’s DOGE Appears to Be Violating a Court Order; It Has Taken Down Hundreds of YouTube Videos that Educate Americans on How to Avoid Being Swindled
- Barron’s Releases Audio of Jamie Dimon Cursing Out His Workers at a Town Hall, as Dimon Plans to Dump Another One Million JPM Shares
- There’s One Federal Investigative Agency that Neither Trump nor Elon Musk Can Touch: It Just Opened an Investigation into DOGE
- Elon Musk’s Companies Were Under Investigation by Five Inspectors General When the Trump Administration Fired Them and Made Musk the Investigator
- Donald Trump Gives the Greenlight to Goldman Sachs and JPMorgan Chase to Return to Bribing Foreign Officials
- After Tech Geeks Built a Back Door to Loot Billions from FTX, Republicans Refuse to Investigate What Elon Musk’s Tech-Squad Did Inside the U.S. Treasury’s Payment System
- Former Prosecutor, Now U.S. Senator, Informs Tesla That CEO Musk May Be Violating Federal Law and to “Preserve All Records”
- Trump’s Hedge Fund Guy Is Now Overseeing the U.S. Treasury, IRS, OCC, U.S. Mint, FinCEN, F-SOC, and the Consumer Financial Protection Bureau
- As Elon Musk Begins Shutting Down Payments to Federal Contractors, a Strange Money Trail Emerges to His Operatives Inside the U.S. Treasury’s Payment System
- JPMorgan Chase Charged by Yet Another Internal Whistleblower with Cooking the Books
- We Asked Google’s AI Search Model, Gemini, Questions About the Fed and Wall Street Megabanks: It Got the Answers Dead Wrong
- With Trump and Melania’s Crypto Coins Likely to Raise Legal Challenges, Why Didn’t Trump Fire the SEC’s Inspector General in His Purge of IGs?
- Fossil Fuel Industry Could End Up Paying Tens of Billions for LA Wildfires and Deceiving the Public on Climate Change for Decades
- It’s Being Called the Biggest Grift by a President in U.S. History: Trump and First Lady Launch their Own Crypto Coins
- Trump Plans to Install a Fracking CEO to Head the Energy Department and Declare a National Emergency on Energy to Gain Vast Powers
- Fossil Fuel Money Played a Role in the Los Angeles Fires and the Push to Install Pete Hegseth as Secretary of Defense
- When It Comes to Wealth Retention in Retirement, Concrete May Be the New Gold
- Wall Street Watchdog Warns “Clock Is Ticking on a Coming Catastrophic Financial Crash”
- Wall Street Is Sending the Same Message to Americans on Fossil Fuel Financing that It Sent on Cigarettes: Drop Dead
- In a Six-Week Span, this Dark Pool with a Curious Past Traded 3.7 Billion Shares
- Wall Street’s Lobby Firm Hired Eugene Scalia of Gibson Dunn to Sue the Fed for Jamie Dimon
- Postmaster General Louis DeJoy Made $561,051 in Compensation in 2024, as Mail Costs Spiked and Delivery Deteriorated
- Fed Chair Jay Powell Sends a Bold Message to Trump and Tanks the Dow by 1123 Points
- The Head of Fixed Income at T. Rowe Price Makes the Scary Case for the 10-Year Treasury to Spike to 6 Percent
- $663 Billion in Cash Assets Have Gone Poof at the Largest U.S. Banks
- Donald Trump to Ring Bell at New York Stock Exchange Today as Hit List Posters Appear in Manhattan Targeting Wall Street CEOs
- Trump Has a Slush Fund to Prop Up the Dollar – Will He Use It to Prop Up Bitcoin Instead?
- A CEO Assassination; a Billionaire Heiress/NYPD Commissioner; a Secret Wall Street Spy Center – Here’s How They’re Connected
- Despite More than 1600 Tech Scientists Signing a Letter Calling Crypto a Sham, Trump Names a Crypto Cheerleader for SEC Chair
- The Fed Rings a Warning Bell: Hedge Funds and Life Insurers Are Reporting Historic Leverage
- Trump’s Nominee for FBI Director, Kash Patel, Has Businesses Financially Intertwined with Trump
- Donald Trump Is at Risk of Getting Named in a Fossil Fuels Conspiracy Lawsuit
- Trump Is Having Difficulty Getting a Lawyer to Accept the Nomination for SEC Chair: Here’s Why
Search Results for: koch
There’s a New Bible Out for Defeating the Trump Era and Its Corporate Masters

By Pam Martens and Russ Martens: September 21, 2018 ~ Wall Street On Parade has repeatedly called attention to the fact that President Donald Trump, who ran on a fiercely populist platform of helping the little guy, infused his administration from the get-go with lawyers and executives connected to the fossil fuels conglomerate, Koch Industries, and/or front groups funded by its two majority owners, billionaires Charles and David Koch. Now a step-by-step guide has been published on how to defeat the new-age robber barons, the corporate structure that made them billionaires while leaving workers with crumbs, and the enshrined political system that marches to the crack of their unaccountable whip. Released by Cambridge University Press on August 31, the book is titled “A Manifesto for Social Progress: Ideas for a Better Society,” by Marc Fleurbaey, Professor in Economics and Humanistic Studies at Princeton University and a prolific social justice author. … Continue reading
Republican Candidates Are Paying a Fossil Fuels Conglomerate for Voter Data Mining
By Pam Martens: August 31, 2018 ~ Koch Industries is a fossil fuels conglomerate with estimated revenues of more than $100 billion annually and 130,000 employees spread around the globe. It’s one of the largest, private corporations in the world with a history of funding nonprofit front groups and political candidates who are climate change skeptics. Typically, political payments go in one direction from this behemoth: from the Koch Industries Super Pac (KochPac) to Republican political candidates or political committees. Now, quietly, political payments are going in both directions, effectively creating an Orwellian campaign finance model. Quietly, and without any corporate press release on such an unusual acquisition, Koch Industries has purchased i360, a vast voter database and data harvesting operation. According to i360’s website, it has “1800 unique data points” on 290 million American consumers as well as detailed information on 199 million voters from all 50 states. It … Continue reading
As White House Coups Go, Wall Street Has Staged Plenty

By Pam Martens and Russ Martens: September 11, 2018 ~ The reverberations from the New York Times OpEd last week, where an anonymous “senior official” in the Trump administration effectively described a coup taking place to stop the President’s mad impulses, are still shaking the nation. But President Donald Trump, from the day he took office, has been little more than a titular figure head for the fossil fuels industry – with Koch Industries in particular calling the shots. The Trump administration took the unthinkable step of removing the United States from the Paris Climate Accord and there is breaking news that the Environmental Protection Agency will ease rules on methane gas emissions for oil and gas companies like Koch Industries. The only real difference between this coup and past coups is that Koch Industries and its front group, Freedom Partners, are so much more in your face than Wall … Continue reading
Is It Social Media or Corporate Surveillance? Facebook’s Business Model

By Pam Martens and Russ Martens: September 4, 2018 ~ It’s time to ask this question: is Facebook wearing the friendly façade of a social media company while actually operating as a high tech citizen surveillance center? We’ll get to that in a moment, but first a look at what an actual citizen surveillance center looks like in New York City. In 2012 we broke the story that the intrepid CBS investigative program, 60 Minutes, had aired a fawning piece on the Lower Manhattan Security Coordination Center. That center is a high tech surveillance center built with over $150 million in taxpayers’ money that uses thousands of spy cameras owned by Wall Street banks together with thousands more owned by the New York City Police Department to spy on millions of law-abiding citizens in lower Manhattan. Data feeds from the cameras are routed to a central computer in the center … Continue reading
Deutsche Bank and Citigroup Bleed More Equity Yesterday: The Reason Should Concern Us All

By Pam Martens and Russ Martens: August 16, 2018 ~ Spasms in big Wall Street bank stocks have been happening on a serial basis over the past three years. (See here and here.) Yesterday offered another one of those bank warning signs to a Congress intent on further deregulation of an already dangerously deregulated market. As the stock market grappled yesterday with fears of sinking emerging market currencies leading to loan defaults at European banks that are derivative counterparties to the biggest banks on Wall Street, the Wall Street banking sector was a sea of red. Two banks in particular sold off more than others. Deutsche Bank is the big German lender that trades on the New York Stock Exchange. It closed with a loss of 2.61 percent versus a much milder decline of 0.76 percent in the Standard and Poor’s 500 Index. Posting a final trade of $11.19, Deutsche … Continue reading
Meet Dark Money’s Secret $68 Million Donor

By Pam Martens and Russ Martens: August 14, 2018 ~ In 2010 we broke the news that a secretive nonprofit called Donors Capital Fund (with the fingerprints of billionaire Charles Koch all over it) had forked over $17,778,600 to fund a widely distributed race-baiting film in the weeks before the 2008 election – an election in which the first black man, Barack Obama, was the Democratic candidate for President. Donors Capital Fund accepts donations from multiple donors and keeps their identities secret, so exactly who funded the actual payment for the film is still unknown. Recently, we decided to see what Donors Capital Fund has been up to lately. We went to the publicly filed tax returns available online at the Foundation Center and Guidestar. The most recent available tax return is for 2016. Curiously, the schedule of the tax return that shows to whom disbursements were made was missing … Continue reading
About that Meeting Stanley Fischer Had with an Alleged Russian Spy

By Pam Martens and Russ Martens: July 23, 2018 According to a report at Reuters yesterday, while Stanley Fischer (the former head of the Israel Central Bank) was sitting in the curious position as Vice Chair of the Federal Reserve in 2015 (the U.S. central bank), he took a meeting with Maria Butina, whom U.S. prosecutors charged last week with being a Russian spy. That’s pretty embarrassing. But that turns out not to be the most interesting part of the Reuters story. The newswire reports that the meeting was arranged by “the Center for the National Interest, a Washington foreign policy think tank….” As it turns out, foreign policy is not exactly all that this taxpayer-subsidized nonprofit does. According to Greenpeace, based on very solid evidence, this is a “Koch Industries climate denial front group.” The Center for the National Interest publishes a magazine, National Interest, which Greenpeace says in … Continue reading
Senate’s PSI Has Moved from Wall Street Frauds to Drugs and Red Tape

By Pam Martens and Russ Martens: July 16, 2018 There’s a very good reason that major Wall Street frauds haven’t been in the headlines of late. It’s certainly not because those frauds aren’t taking place at this very moment all across Wall Street and its stealthy operations in London. It’s also not simply that the U.S. Justice Department is consumed with Russian spies and the President of the United States remains obsessed with Hillary Clinton’s email server. It’s because the major investigative body of Wall Street in the U.S. Senate, the Permanent Subcommittee on Investigations, has been turned into a sleepy little backwater that has held only two hearings this year and only three during all of last year and not one of those hearings has focused on Wall Street crime. One hearing was on government red tape; two were on opioids; and two were on sex traffickers. Those are … Continue reading
These Charts Prove It’s Time to Break Up the Big Wall Street Banks

By Pam Martens and Russ Martens: July 12, 2018 ~ According to a statistical release from the Federal Reserve, as of March 31, 2018 there were 1,812 commercial banks in the United States holding consolidated assets of $300 million or more. Of those 1,812 banks, just four banks (JPMorgan Chase, Bank of America, Wells Fargo and Citigroup’s Citibank) held 45 percent of the consolidated assets of those 1,812 banks. But looking at data at the Federal Deposit Insurance Corporation (FDIC) the situation is even more extreme. The FDIC shows there are 5,606 insured banks in total holding $17.531 trillion in assets. JPMorgan Chase, Bank of America, Wells Fargo and Citigroup’s Citibank are holding 40.42 percent of the assets of all the insured banks in the country. Let us put it another way. Those four banks represent 0.07 percent of all banks in the U.S. but they have somehow managed to … Continue reading
Ad Calls Senators Warren, Sanders, and Merkley “Extremists” Over Supreme Court Position

By Pam Martens and Russ Martens: July 11, 2018 ~ Just days before President Trump announced his Supreme Court nominee Brett Kavanaugh on Monday evening, a dark money group called the Judicial Crisis Network (JCN) was airing a television ad calling some of the most trusted Democrats “extremists.” As photos of Senators Elizabeth Warren, Bernie Sanders and Jeff Merkley flashed across the screen (along with other well known Democrats) a voice warned that these “extremists will lie and attack the nominee.” One thing this threesome actually stands out for is telling the hard truths to the American people. During his presidential bid in 2016, Sanders traveled around the country telling tens of thousands of people at his rallies that the “business model of Wall Street is fraud.” Warren exposed the $6 trillion in a backdoor bailout that the Federal Reserve had funneled secretly to Citigroup, Morgan Stanley and Merrill Lynch during … Continue reading